$1,395,000

1033 Mariposa Avenue, Los Angeles 90029

5

Beds

4

Baths

8,257

Lot Size

4

# Of Units

Listing Agent
Francis Evanisko - Evanisko Realty & Investment

This oversized single lot in Hollywood could be the perfect site for your new multifamily development project. Whether you aim to deploy a more conventional methodology of design and density calculation or take advantage of certain timely legislation for creating affordable housing, the location and zoning will support a wide range of site utilizations. The property is walking distance (about six blocks) from the Vermont/Santa Monica Metro Station and will provide income while you plan your project. The property is situated in the vibrant East Hollywood area of Los Angeles and is just one block away from Normandie Ave. and Santa Monica Blvd. This provides easy access to DTLA, the 101 Freeway, and public transportation. The neighborhood is known for its tree lined streets. Los Angeles City College, Barnsdall Art Park, and several large hospitals are nearby, adding to the location’s appeal. The property consists of four units, with the front unit having two bedrooms and one bathroom, and the other three units each having one bedroom and one bathroom. With long-term, good paying tenants already in place, it presents a solid covered land opportunity. The property’s proximity to key amenities and zoning make it an excellent candidate for current and/or future development.

Facts & Features

MLS® # SR24223826
Price $1,395,000
Bedrooms 5
Bathrooms 4.00
Lot Size 8,257
Year Built 1924
Type Residential Income
Sub-Type Quadruplex
Status Active
# Of Units 4

Community Information

Address 1033 Mariposa Avenue
Area C20 - Hollywood
City Los Angeles
County Los Angeles
Zip Code 90029

Amenities

Parking Spaces 2
# of Garages 2
Is Waterfront No
Has Pool No
Pool None

Interior

Has Basement No
Fireplace No
# of Stories 1

Exterior

Lot Description SixteenToTwentyUnitsAcre, ElevenToFifteenUnitsAcre, TwoToFiveUnitsAcre, SixToTenUnitsAcre, Level, Rectangular Lot, ThirtyOneToThirtyFiveUnitsAcre, ThirtySixToFortyUnitsAcre, TwentyOneToTwentyFiveUnitsAcre, TwentySixToThirtyUnitsAcre

Additional Information

Date Listed October 29th, 2024
Days on Market 7
Zoning LAR3
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentFrancis Evanisko
OfficeEvanisko Realty & Investment

Listing Map

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